Report Industry Investment Rating - No relevant information provided Core Viewpoints - The report presents the latest data on the export inspection volume of US soybeans, the progress of soybean harvesting in Brazil, the policy adjustment of palm oil blending ratio in Indonesia, and various price and spread data of oils and fats and oilseeds [1] Summary by Related Catalogs US Soybean Export Inspection - As of the week ending March 26, 2026, the US soybean export inspection volume was 586,427 tons, falling short of the market expectation of 600,000 - 1,250,000 tons, and the previous week's revised volume was 1,114,711 tons [1] - The soybean export inspection volume to the Chinese mainland during the same week was 270,424 tons, accounting for 46.11% of the total export inspection volume [1] - As of the week ending March 27, 2025, the US soybean export inspection volume was 817,870 tons [1] - So far this crop year, the cumulative US soybean export inspection volume is 29,783,385 tons, compared with 40,774,757 tons in the same period of the previous year [1] Brazil Soybean Harvest - According to Safras & Mercado, as of March 27, the soybean harvest of Brazil's 2025/26 season has completed 71.5% of the planted area. Although the progress has advanced compared with the previous week, it is still behind the same period of previous years [1] - AgRural reported that as of last Thursday, the soybean harvest rate of Brazil's 2025/26 season was 75%, an increase of 7 percentage points from the previous week, but lower than the 82% reported in the same period last year [1] - AgRural also raised its forecast for the 2025/26 soybean production from 178 million tons to 178.4 million tons [1] Indonesia's Palm Oil Policy - Indonesian President Prabowo Subianto announced on Monday during a visit to Japan that the country will increase the palm oil blending ratio in biodiesel from 40% to 50% this year, which means the country will promote the B50 biodiesel policy [1] Price and Spread Data - The report provides data on the import profit of various oils and fats (soybean oil, palm oil, rapeseed oil), the basis of protein meals (soybean meal, rapeseed meal) and oils and fats (soybean oil, palm oil, rapeseed oil), and the price spreads of various oilseeds and oils and fats [1]

Report Summary 1. Report Industry Investment Rating - Not provided in the given content 2. Core Viewpoints - As of the week ending December 25, 2025, the U.S. soybean export inspection volume was 750,312 tons, in line with market expectations [1] - A private exporter reported a sale of 10,000 tons of soybeans to Egypt for delivery in the 2025/2026 market year [1] 3. Summary by Relevant Catalogs Overnight Market Information - The U.S. soybean export inspection volume as of the week ending December 25, 2025, was 750,312 tons, with the previous market forecast ranging from 750,000 - 1,200,000 tons. The volume in the previous week was revised to 929,365 tons from an initial value of 870,199 tons. The export inspection volume to the Chinese mainland that week was 135,417 tons, accounting for 18.05% of the total. As of the week ending December 26, 2024, the U.S. soybean export inspection volume was 1,643,692 tons. So far this crop year, the cumulative U.S. soybean export inspection volume is 15,396,334 tons, compared with 28,671,623 tons in the same period of the previous year [1] - A private exporter reported a sale of 10,000 tons of soybeans to Egypt for delivery in the 2025/2026 market year [1] Spot Prices - The spot prices of various products from December 23 - 29, 2025, are presented in a table, including prices of soybean meal in Jiangsu, rapeseed meal in Guangdong, soybean oil in Jiangsu, palm oil in Guangzhou, and rapeseed oil in Jiangsu [2] Protein Meal Basis - Not provided in the given content Fatty Basis - Not provided in the given content Fatty Oil Futures Spread - Not provided in the given content

1. Report Industry Investment Rating - No information provided 2. Core Viewpoints - The report presents the latest data on the soybean industry from multiple countries, including the US, Brazil, Argentina, and China, covering aspects such as crop growth, export, production, and import [1]. 3. Summary by Relevant Catalogs Overnight Market Information - US Soybeans - As of the week ending June 8, 2025, the US soybean good-to-excellent rate was 68%, in line with market expectations, up from 67% the previous week and lower than 72% in the same period last year [1]. - The US soybean planting rate was 90%, lower than the market - expected 91%, up from 84% the previous week, higher than 86% last year and the five - year average of 88% [1]. - The US soybean emergence rate was 75%, up from 63% the previous week, higher than 68% last year and the five - year average of 72% [1]. - As of the week ending June 5, 2025, the US soybean export inspection volume was 547,040 tons, exceeding the market forecast of 155,000 - 400,000 tons, up from the revised 301,459 tons the previous week [1]. - The export inspection volume to the Chinese mainland was 0 tons this week. The cumulative US soybean export inspection volume this crop year was 45,188,245 tons, compared with 40,543,390 tons in the same period last year [1]. Brazil Soybeans - As of June 6, about 64% of Brazil's 2024/25 - year soybeans had been sold, lower than 71.8% in the same period last year and the five - year average. The 2024/25 - year soybean production is expected to be 172.45 million tons [1]. - Brazil's 2025/26 - year soybean sales rate was 10.8%, lower than 14.6% in the same period last year and the five - year average of 20.6%. The 2025/26 - year soybean production is expected to be 182.57 million tons [1]. Argentina Soybeans - The Buenos Aires Grain Exchange estimated that Argentina's 2024/2025 - year soybean production would be 48.5 million tons [1]. - As of the end of May, the soybean crop harvest rate in Argentina was 80.7%, with the early - sown soybeans 86% harvested. The soybean crop yield is expected to be 3,090 kg/ha (46.0 bushels/acre), with a yield range of 1,200 - 3,740 kg/ha (17.8 - 55.7 bushels/acre) [1]. China's Imports - China's soybean imports from January to May were 37.108 million tons, a 0.7% decrease from the same period last year. In May, the soybean import volume was 13.918 million tons [1]. - China's edible vegetable oil imports from January to May were 2.491 million tons, a 12.9% decrease from the same period last year. In May, the import volume was 462,000 tons [1]. - China's grain imports from January to May were 48.368 million tons, a 29.7% decrease from the same period last year. In May, the import volume was 16.552 million tons [1]. Spot Prices - The report provides spot prices of soybean meal in Jiangsu, rapeseed meal in Guangdong, soybean oil in Jiangsu, palm oil in Guangzhou, and rapeseed oil in Jiangsu from June 3 to June 9, 2025 [1].